Our savings accounts make it easy to save for tomorrow - or as far away as Christmas. Choose from Regular Savings accounts, Money Market Deposit accounts, our popular Christmas Club accounts or, for long term savings, we have an assortment of CDs and IRAs.

Regular Savings Account

For people who are saving for a rainy day with easy access when they need it.
  • Minimum $50 deposit required to open
  • Interest accrues daily and is paid quarterly
  • Unlimited number of deposits allowed
  • Easy access to withdrawal or transfer with *Visa Debit/ATM card. 
  • Statements mailed quarterly or delivered by eStatements and available online
  • Four (4) free withdrawals per quarterly statement 1(A $2 per debit item charge applies for each debit item exceeding four (4) per quarterly statement cycle) 
  • A service charge of $6 applies if minimum balance drops below $100 any day in the quarterly statement cycle.
 * Savings linked to Checking Visa Debit/ATM card for withdrawal and/or transfer at any ATM.  


Money Market Deposit Tiered Account

An interest-bearing checking account ideal for account holders with limited transactions. 
  • Minimum $1000 deposit required to open
  • Interest-bearing account
  • Unlimited number of deposits allowed
  • Statements mailed or delivered by eStatements and available online
  • Complimentary generic checks provided to clients 55 years and older
  • Transaction limitations of six debits per month apply 1 (A $3 service charge applies for each debit item -exceeding six (6) per statement cycle) 
  • A low balance service charge of $7.50 applies if balance drops below $2,500 any day of statement cycle
  • Interest rate is determined by account balance
  • Interest is paid on the account balance that corresponds to the applicable tier
Tiers
Tiers upon which the interest rates are based on daily balances 

$100 - $2,499.99
$2,500 - $9999.99
$10,000 - $49,999.99
$50,000 - $99,999.99
$100,000 plus 

Contact 1-800-345-8081 or your local branch for current rates and Annual Percentage Yields.

Christmas Club Account

A savings program designed to help customers prepare for Christmas expenditures-Does not earn interest:
  • Voluntary deposits generally accepted from mid-October through the end of September each year
  • Balance mailed to the customer by check or Direct Deposit to ABB accounts the first week in October
  • $15.00 early closure fee
This the time of Year for Christmas Clubs to be closing out and beginning the new cycle:
  • 2019-2020 Christmas Club cycle ends Friday, October 9, 2020
  • 2020-2021 Christmas Club cycle begins Friday, October 23, 2020
Those accounts set to auto deposit their Christmas Club funds will direct deposit to the designated account on October 14, 2020. Those elected to receive in check form will have  their Christmas Club funds mailed by check and  receiving shortly after October 14, 2020.
 

FOR INTEREST: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day of your deposit. Interest will be credited monthly every statement cycle and credited to account last day of statement cycle. Withdrawals may reduce earnings.   Closing account before interest is credited will result in no interest paid. 

For interest checking, savings and money markets, we may change the interest rate on your account at our discretion. 

1 Important Notice: Regulation D limit (i) third party transactions (e.g., checks, drafts and debit card purchases); (ii) pre-authorized or automatic transfers (including ACH); (iii) transfers made by personal computer (including online banking and bill payment services); and (iv) telephone transfers (including facsimile or data transmission) from your account to six (6) per month.   You may make unlimited withdrawals of transfers in person, by mail or through an ATM.  There is a per item charge, which is disclosed under each account type, for transfers or withdrawals over certain account limits. Continued third party transactions or preauthorized transfers over the regulatory limit, will result in the savings or money market account being closed or converted to a checking account.